– Tuesday Daily candle closed strong Bearish at 2285.800 forming strong Daily Resistance around 2336 level and breaking below recent Daily Support. I’ll be looking for potential Buys above 2296.000 targeting previous Hourly Support around 2305.800 to retest, Leaving Runners to the previous Daily Support formed on Wednesday 24th April this year around 2314.600. I’ll be looking for potential Sells below 2279.200 targeting Strong Hourly Support formed on 3rd April 2024 around 2271.500, Leaving Runners to the previous 4h Support formed on 2nd April 2024 around 2261.500. Extremely High Impact News ahead for the US Dollar at the New York session as major data report to be released throughout the session. We also have Bank Rate review for the US Dollar followed by FOMC Press Conference. High volume to be expected for Gold.
